Genesis Energy, L.P. (GEL) is a publicly traded company established in 1996 with its head office in Houston, Texas. As a master limited partnership, it operates in the midstream segment of the oil and gas industry through a diversity of business arms. With its extensive portfolio, it provides an integrated suite of services to refineries, oil producers, and industrial and commercial enterprises.
Genesis Energy L.P focuses on the transportation, storage, blending, processing, and supply of energy products and services. Its operations can be grouped into four divisions: Offshore Pipeline Transportation, Sodium Minerals and Sulfur Services, Onshore Facilities and Transportation, and Marine Transportation.
In the Offshore Pipeline Transportation division, Genesis has ownership interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico. This allows for the transfer of crude oil from offshore production facilities to refining markets or other transportation hubs.
The Sodium Minerals and Sulfur Services segment includes trona ore mining and soda ash production services, as well as the refining of sulfur that occurs naturally in crude oil. Genesis Energy is one of the largest soda ash producers in North America and serves a multitude of industries across the globe.
The Onshore Facilities and Transportation segment is involved in the transportation, handling, blending, storage, and supply of energy products, including crude oil and refined products. Genesis' integrated suite of logistics assets provides critical infrastructure to support the discovery and production of hydrocarbons in some of the highest producing and most economically attractive, supply basins in the North America.
Lastly, the Marine Transportation segment offers maritime carriers with a variety of sizes and capabilities. They operate in the Gulf of Mexico and primarily transport crude oil, refined products and, to a lesser extent, certain industrial gases.
Genesis has a proven track record in managing complex logistics and creating innovative solutions to meet the evolving needs of the energy industry. It aims to create long-term value for its customers and investors by investing in high-quality assets and providing a high standard of service. Genesis Energy L.P. is part of the Russell 2000 Index and trades on the New York Stock Exchange under the ticker "GEL".